2024 Charles Schwab Cup Championship money: Purse, winner's share, prize money payout
Champions Tour CMC

2024 Charles Schwab Cup Championship money: Purse, winner’s share, prize money payout

A photo of golfer Bernhard Langer


The 2024 Charles Schwab Cup Championship prize money payout is from the $3 million purse, with 36 professional players who complete three rounds at Phoenix Country Club in Phoenix, Ariz., earning PGA Tour Champions prize money and an official-money paycheck this week.

The winner's share of the Charles Schwab Cup Championship prize pool is at $528,000, with the second-place finisher taking home $300,000. The Charles Schwab Cup Championship prize money payout breakdown shows a payout of 15 percent of the purse to the winner, and how much each PGA Tour Champions player earns is guaranteed down to the last-place player, which is $16,500 for 36th place.

For 2024 Charles Schwab Cup Championship results and payout, see our final leaderboard

For 2024 Charles Schwab Cup bonus pool results and payout, see our final leaderboard

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The Charles Schwab Cup Championship field is headed by Ernie Els, Bernhard Langer, Steve Alker and more.

This tournament started with 36 players, and a cut was not made this week after two rounds. Every professional player in the field is paid for completing the event, but how much each player is paid at the 2024 Charles Schwab Cup Championship from the correct 2024 Charles Schwab Cup Championship full-field payout is based on their finish.

Every player in the field can improve their position in the final round of this 54-hole event.

What else is on the line

Beyond money, there are important points, perks and benefits on the line for the field -- in particular, the tournament winner.

The winner of this event will get 1,056,000 Charles Schwab Cup points, as this is considered an official event on the PGA Tour Champions schedule with double points available in the playoffs.

There are no Official World Golf Ranking points on the line in PGA Tour Champions events.

While this event offers a significant payday, a win comes with the benefits that come with winning on the PGA Tour Champions. Winners of these events get better status and access on tour.

2024 Charles Schwab Cup Championship prize money, winner's share, first-place payout

For 2024 Charles Schwab Cup Championship results and payout, see our final leaderboard

For 2024 Charles Schwab Cup bonus pool results and payout, see our final leaderboard

POSITION MONEY
1 $528,000
2 $300,000
3 $252,000
4 $210,000
5 $180,000
6 $151,500
7 $120,000
8 $105,000
9 $90,000
10 $78,000
11 $75,000
12 $72,000
13 $69,000
14 $66,000
15 $63,000
16 $60,000
17 $57,000
18 $54,000
19 $48,000
20 $42,000
21 $36,000
22 $33,000
23 $30,000
24 $28,500
25 $27,000
26 $25,500
27 $24,000
28 $22,500
29 $21,750
30 $21,000
31 $20,250
32 $19,500
33 $18,750
34 $18,000
35 $17,250
36 $16,500

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Ryan Ballengee

Ryan Ballengee is founder and editor of Golf News Net. He has been writing and broadcasting about golf for nearly 20 years. Ballengee lives in the Washington, D.C. area with his family. He is currently a +2.6 USGA handicap, and he has covered dozens of major championships and professional golf tournaments. He likes writing about golf and making it more accessible by answering the complex questions fans have about the pro game or who want to understand how to play golf better.

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